Aircraft manufacturer Airbus India has expressed its willingness to
set up a manufacturing plant here, but officials hint that this would be
contingent on getting a defence deal requiring Make in India.
"So far, the US hasn't damaged the agreement at all. You may even argue to the contrary because it galvanised every other nation into immediate action. Remember PM Modi said the same day that it will be a crime against future generations if you don't act on climate and if you don't act now"
While the first move will raise a tariff barrier and, thereby, make steel and aluminium imports (including from India) less competitive, the second is aimed at attacking all the key incentives that India provides
to help its exporters remain competitive in global markets.
The year 2017 was challenging for the Indian IT industry in the backdrop of an uncertain policy environment in its biggest market, the United States. However, 2018 is expected to be better as an improving global economy could give a significant boost to IT spending.
Many have explicitly stated that Bitcoins have no legal status as
currency, but allow its trading and tax gains out of it. They also allow
it to be converted into the country's currency through mutual consent
between two parties, without giving an official standing to it. In a
sense, it is treated like other precious commodities like gold, silver